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About MoreGold-Libreng Loan App

Looking for a reliable microcredit solution? Look no further! MoreGold is here to help you. We understand the challenges faced by individuals in accessing credit, and we are committed to bridging that gap. With our easy-to-use app and fast approval process, you can get the funds you need when you need them. Our customer-centric approach means that we prioritize your needs and offer flexible repayment options. Join our growing community of satisfied borrowers and experience the difference with MoreGold.

Product Information:
Loan Amount: PHP5,000 - PHP30,000
Loan Term: 120 days - 270 days
APR: 18%-20%
Other fees: Transparent without any other hidden fees.
Service Fee: 5%-10%,We will deduct your loan amount with a one-time Service Fee upon disbursement. The service fee will solely depend on your profile evaluation.

Calculation Example:
If you apply for PHP8,000 with a term of 180 days (6 months), the annual interest rate (APR) is 20%, and the one-time service fee is 10%, no other fees, then you will need to repay as following:
The one-time service fee: 8,000*10%=800
Disbursal amount in hand: 8,000-800=72,00
The total interest fee: 8,000*20%*180/360=800
Total amount to repay at due date: 8,000+800=8,800
Monthly repayment: 8,800/6=1467

Loan Eligibility:
To be eligible for a loan with MoreGold, you need to meet certain criteria. The app requires applicants to be at least 18 years old, have a valid identification document, and a stable source of income. MoreGold also considers the applicant's credit history and ability to repay the loan. By assessing these factors, MoreGold ensures responsible lending practices and helps individuals access funds that they can comfortably repay.
About us:
Corporate Name: Thrift Platinum Lending Corp.
Business Name: Moregold
PSEC Registration Number: 2020120004404-02
CA Number: 3380
If you have any queries, please contact us at
Email: [email protected]
Contact Number: 9453678670
Address:8th FLOOR CO BAN KIAT BUILDING Il, 231 JUAN LUNA STREET. BINONDO, MANILA 1006

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Frequently Asked Questions(FAQ)

What is MoreGold?

MoreGold is a microcredit solution that provides reliable and accessible loans to individuals through an easy-to-use app and fast approval process.

What are the loan amounts and terms offered by MoreGold?

MoreGold offers loan amounts ranging from PHP5,000 to PHP30,000 and loan terms between 120 days and 270 days.

What is the Annual Percentage Rate (APR) for MoreGold loans?

The APR for MoreGold loans is between 18% and 20%.

Are there any hidden fees associated with MoreGold loans?

No, MoreGold is transparent about its fees and does not have any hidden fees.

How is the service fee calculated?

The service fee, which is deducted from the loan amount upon disbursement, is calculated based on your profile evaluation and ranges between 5% and 10%.

Can you provide an example of loan repayment calculation?

Sure. If you borrow PHP8,000 with a term of 180 days, an APR of 20%, and a one-time service fee of 10%, you will have to repay a total amount of PHP8,800 on the due date, with monthly repayments of PHP1,467.

What are the eligibility criteria for a loan with MoreGold?

To be eligible for a loan with MoreGold, you must be at least 18 years old, have a valid identification document, have a stable source of income, and demonstrate a responsible credit history and ability to repay the loan.

Who is the corporate entity behind MoreGold?

MoreGold is operated by Thrift Platinum Lending Corp.

How can I contact MoreGold for any queries?

You can reach MoreGold at the following contact details:
author
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Loribel Perez